CCP 12-13-2004 - Laserfiche WebLink

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. . . . . . Additional operating costs for the new Maintenance Facility have been budgeted. . Credit Card implementation - $12,000 has been budgeted for on-going service fees. We expect the implementation to take place in early January 2005. . The City has been faced with a problem of diseased trees. $25,000 bas been budgeted to address this issue. . Revenue reimbursement for the half-time position from the Lake Johanna Fire Department has been eliminated as they plan to hire a full-time Fire Marshal. . Please note that the projected expenditures exceed projected revenue in certain non-general fund budgets. The variance is primarily due to funding portions of the construction projects from the fund balance. The overall Proposed 2005 Budget is $8,739,234 with a staff complement of23.75 FTEs. The general fund budget is proposed to be $3,239,930. The general fund budget is approximately ten percent (10%) higher than the originally adopted 2004 Budget. It should be noted that approximately one half ofthis increase is due to the increase in insurance costs, inflationary increases in the Public Safety (fire) and Police Protection budgets, new staff position, and other operating inflationary increases. The other half of the budget increase is the amount that will be set aside for future Public Safety projects/acquisitions and a contribution to the Capital Improvement Funds. The Truth-in- Taxation hearing was held on December 6, 2004, with a final budget adoption date of December 13,2004. On September 15,2004, the City had transmitted a preliminary certification to Ramsey County at 4%. A final levy must be certified by December 28, 2004. If you have any questions with regards to this budget, please contact the City's Finance Director/Treasurer, Murtuza Siddiqui at (651) 634-5132 or Sandy Berres at (651) 634- 5129. Respectfully Submitted, ,~~ fJt~ Michelle Wolfe, City Administrator Murtuza Siddiqui, Finance Director/Treasurer